Amendments proposed to the Education Bill - continued House of Commons

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Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

61

Clause     11,     page     8,     line     5,     at end insert—

    '(iv)   maintaining an asset register,

    (v)   making provision for the conversion of the company to a corporate entity under the Companies Act 1986 (c. 6) other than either a company limited by guarantee or a limited liability partnership under the Limited Liability Partnerships Act 2001,

    (vi)   making provision for the flotation of any company resulting consequent to subsection (v) of this clause,

    (vii)   making provisions for the limitation on the company in the event of an acquisition, merger, split and disposal of the company,

    (viii)   preventing the diversion of revenues and assets of the company,

    (ix)   making provisions for the distribution of profits of the company by way of dividend or otherwise,

    (x)   making provisions for compliance with best practice for the nomination and remuneration of directors of the company,

    (xi)   the provision of annual reports and statutory filings in accordance with the Companies Act 1985 (c. 6),

    (xii)   the provision of audit reports, including interim audits, of the company, and in relation to the initial financial period of the company provision for 3-monthly interim audits of the company until the first statutory annual return is made,

    (xiii)   the winding up of the company,

    (xiv)   the provision of guarantees, indemnities and discharge of liabilities without prejudice to the interest of staff or pupils of the maintained school or schools to which the company is providing services, facilities, functions, arrangements or facilitation under section 10,

    (xv)   notification of the local education authority and the Secretary of State of any event or circumstance which, within 3 months from the date of such event or circumstance, carries the possibility in the judgement of the directors of the company of any risk of financial or other difficulty likely to place the company in a position where it cannot meet its obligations, where such obligations may be financial or in the educational interest of the staff or pupils of the maintained school.'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

19

Clause     11,     page     8,     line     5,     at end insert—

      '(d) meet the requirements of education legislation'.

   

Mr Phil Willis
Mr David Laws

55

Clause     11,     page     8,     line     10,     leave out 'may' and insert 'shall'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

58

Clause     11,     page     8,     line     10,     at end insert ', subject to the limitations set out in sections 10(8), 11(1), 11(3), 11(7)'.

   

Mr Phil Willis
Mr David Laws

83

*Clause     11,     page     8,     line     27,     at end insert—

      '(g) make provision relating to the pay and conditions of persons employed for any purpose arising from the exercise of a power conferred by any of subsections (1) to (4) of section 10.'.

   

Mr Phil Willis
Mr David Laws

56

Clause     11,     page     8,     line     31,     leave out 'may restrict the circumstances' and insert 'shall make clear'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

59

Clause     11,     page     8,     line     32,     at end insert '(where such refusal cannot be exercised unreasonably)'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

18

Clause     11,     page     8,     line     32,     at end insert—

    '(8)   A governing body shall exercise the power conferred by section 10 only if and to the extent that they are satisfied that anything which they propose to do will not to a significant extent interfere with the performance of any duty imposed on them by section 20(2) or by any other provision of the Education Acts.'.


   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

63

Clause     12,     page     8,     line     34,     after 'State', insert 'or National Assembly for Wales'.

   

Mr Phil Willis
Mr David Laws

84

*Clause     12,     page     8,     line     34,     leave out 'for purposes connected with' and insert 'in the discharge of'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

17

Clause     12,     page     8,     line     39,     leave out subsection (1)(b)'.

   

Chris Grayling
Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

38

Clause     12,     page     8,     line     39,     at end insert 'subject to approval by resolution of each House of Parliament'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

62

Clause     12,     page     8,     line     39,     at end insert—

    '(c)   intervene to place upon a company a scheme of arrangement or to order divestment of assets with due fair market value compensation and release from contractual obligations where a company has notified the local education authority and Secretary of State under section 11(c)(xv) or otherwise, or on the initiative of the Secretary of State acting upon reliable information where a company is at risk of failing to meet prescribed requirements'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

20

Clause     12,     page     8,     line     39,     at end insert—

    '(1A)   With regard to companies which the Secretary of State forms, participates in forming or invests in, the Secretary of State shall implement audit procedures and financial controls which must be approved by resolution of each House of Parliament.'.

   

Mr Phil Willis
Mr David Laws

85

*Clause     12,     page     9,     line     3,     at end insert—

    '(4A)   Subsections 11(3) and 11(4) shall apply to any company referred to in subsection (1) as they apply to companies in relation to which a governing body has exercised a power conferred by subsection (1) of section 10.'.

   

Mr Graham Brady
Mrs Eleanor Laing
Mr Stephen O'Brien

64

Clause     12,     page     9,     line     4,     after 'State', insert 'or National Assembly for Wales'.


   

Mr Phil Willis
Mr David Laws

57

Clause     18,     page     12,     line     5,     leave out 'may' and insert 'shall'.


 
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